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20121112
20121120
Search Results 0 to 4 of about 5 (some duplicates have been removed)
. let's check out latest news in energy and metals and go to sharon epperson at the nimax. >> the markets are jittery here. we have wti oil prices below $86 an oil and brent crude jumping up toward the 110 level. bob outlined the concerns about going over the fiscal cliff and what that means for the u.s. economy and what ripple effects it will have globally. there's also of course concern about what's going to come of the eu finance ministers meeting over greece and that's going to be an impact on the markets and we have geopolitics and israel saying they won't take direct hits from syria. that is something that the market has been watching very closely as well. the big story that has long-term ramifications for the u.s. oil industry and for the global energy trade is definitely the report today from the international energy agency where they said that they believe that the u.s. will become the top oil producer in the world by 2020. overtaking saudi arabia. overtaking russia and the fact that u.s. will be self-sufficient by 2035. this is a huge sea change in the debate tha
in the oil market where the international energy agency has released another monthly report saying they see the global demand growth for oil sliding in this quarter and next year. they reduced the forecast there. we're also seeing production that is coming back online from the north sea. that's pressuring present crude prices and we expect to see another increase in crude supplies here in the u.s. for the weekly supply report. that also adding pressure to the wti contract. the only bright spark in the marketplace is natural gas. it is up for the second straight session. and there we may see a withdrawal from storage. first of the season as we get into the winter months. colder temperatures ahead also could help prop up natural gas futures. we're going to get that report on thursday from the energy information administration. i'm trying to get my acronyms straight here. on thursday we'll also get the oil report. it's going to come a day later because of the veterans day holiday. back to you guys. >> there are a lot of letters in your part of the world. >> there are. there are. >> thanks a lo
in texas. >> caller: pch energy. >> down 16. mostly natural gas in ohio. if you watched the show, we told you it's mostly natural gas in ohio. i have been buying southwest, swn. why have i been buying southwestern energy? it's the pure nat gas play i want. i think it's going higher in 2013. >>> bill in south dakota. bill. >> caller: jim, my stock is american capital agency corp, agnc. there one is going to go down. why? maybe companies real estate investment trusts are worried about the taxation considerations, and we also have to worry about what the yield curve looks like and what they will do with fannie and freddie, so many -- so so many cost runs here, i think you should stay the course, but understand it's just another stock right now and it could lower. no longer charmed like it's wen. >>> john in new jersey. john. >> caller: professor cramer. >> thank you for the tenure. yes. >> caller: wind stream, win. >> no, they did not execute. came on the show, told you this he would execute, didn't execute. ctl, century link is better. i do prefer verizon and at&t. >>> let's go to artie in
technology business is growing so solutions like that are places we're putting a large amount of our energy behind but we're also counting on the federal government to help us with some certainty, one part has been solved, we have a president for the next four years, now we have to get fiscal tax issues resolved so we can solidify, our customers can feel better and question participate more with them. >> to that point you are meeting with the president, one of many ceos who will be meeting with him tomorrow i believe. what do you plan to tell the white house at that point? what is the most important issue and how do you come at it in terms of giving him some feedback for what the business communities sees in all of this? >> first thing we'll do is listen a little bit to what he has to say and what his plans are for the second term, but i think the business community and me in particular have been very clear. we need a solution to this fiscal cliff that's coming. i have to believe that logic will prevail here with some hard work and it will get a solution and we also need a tax policy that i
Search Results 0 to 4 of about 5 (some duplicates have been removed)